Viacom18 promotes Narayan Ranjan as chief of staff

He will be responsible for mergers and acquisitions

ETBrandEquity

April 14, 2016, 14:56 IST

Updated: April 14, 2016, 15:01 IST

Viacom18 has elevated Narayan Ranjan as chief of staff - Viacom18. In his new role, Ranjan will be responsible for mergers and acquisition, internal audit, internal control as well and the admin function while continuing work on improving group level governance. The job is effective immediately.

Sudhanshu Vats, Group CEO, Viacom18, said, “With a 30X growth in topline since inception, we are one of India’s fastest growing M&E companies. As we gear up for a more streamlined growth phase, it is imperative to align our corporate functions so that we can leverage both the experience and the expertise that our leaders possess. Narayan Ranjan, one of our more experienced and senior leaders, will now take on a more strategically aligned role that streamlines our business and administrative processes across the ever-growing brands of Viacom18.”

The actual BBC story is headlined "School spending: Multi-billion pound cash boost announced," and instead puts the number at £7.1 billion, criticizing the government's use of £14 billion pound figure as not the usual way of calculating spending

The two e-commerce firms typically hold annual festive season sales ahead of Dussehra and Diwali, which are due this year in October, when Indians make big ticket purchases such as cars and gold jewellery